Bitcoin Surges as Institutional Investments Increase
- Bitcoin reached $91,500 for the first time since March 7th.
- Major institutions like BlackRock, Fidelity, ARK Invest, and Bitwise are increasing their Bitcoin holdings.
- Bitcoin ETFs experienced $381 million in inflows on April 21st, with no net outflows from any of the 12 ETFs.
- Ethereum ETFs have seen consistent net outflows since mid-February.
- Whales continue to accumulate Ethereum, with significant withdrawals from Gate.io and Binance.
Bitcoin’s price has surged to $91,500 as major institutions increase their investments. On April 21st, Bitcoin ETFs saw a substantial inflow of $381 million. Meanwhile, Ethereum continues to experience net outflows despite ongoing accumulation by large investors.
Source (2.6)https://dailyhodl.com/2025/04/22/bitcoin-rises-as-blackrock-fidelity-ark-bitwise-and-other-whales-continue-btc-accumulation-spree/?rand=59076
